Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Renovaro Inc’s current trading price is -82.86% away from its 52-week high, while its distance from the 52-week low is 127.87%. The stock’s price range over this period has fluctuated between $0.40 and $5.25. The company, operating within the financial sector, had a trading volume of approximately 0.67 million for the day, which was noticeably lower than the average daily share volume of 1.07 million over the last 3 months.
In terms of market performance, Renovaro Inc had a fairly uneven. The highest value for the stock in the past year was $5.25 on 01/25/24, and the lowest value was recorded at $0.40 on 10/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Renovaro Inc (RENB) has experienced a quarterly rise of 104.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 142.86M and boasts a workforce of 25 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7635, with a change in price of +0.2302. Similarly, Renovaro Inc recorded 831,858 in trading volume during the last 100 days, posting a change of +34.36%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RENB stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.01.
RENB Stock Stochastic Average
Today’s raw stochastic average for Renovaro Inc over the last 50 days is 26.84%.This indicates a increase from the raw stochastic average of the past 20 days, which was 16.80%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 12.57% and 12.47%, respectively.
RENB Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 7.73%.However, over the last six months, we can see a stronger performance of -37.92%. Over the last 30 days, the price of RENB has leaped by -45.12%. And in the last five days, it has fallen by -2.80%.
